Louisiana Children's Medical Center in New Orleans could take over the management of Interim LSU Public Hospital, also in New Orleans, by June 24, according to a report by The Times-Picayune.
Transactions & Valuation Issues
The Children's Hospital of San Antonio, part of the Christus Santa Rosa Health System based in the same city, announced agreements with two Houston partners, Baylor College of Medicine and Texas Children's Hospital, according to a report by the San…
Louisville, Ky.-based hospital chain KentuckyOne has formally taken over management of University of Louisville Hospital, except for its Center for Women and Infants and the pharmacy, according to a report from the Courier-Journal.
After residents voiced strong opposition to the city council's plan to sell North Kansas City (Mo.) Hospital to a for-profit company, Missouri Sen. Ryan Silvey (R) put a bill forward that would enable the hospital to become an independent, non-profit…
Plans to sell and reopen Scott County Hospital in Oneida, Tenn., fell through after would-be buyer SM Promen of Tennessee was unable to finance the required $3 million down payment yesterday, having already extended the deadline from four weeks earlier,…
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Lovelace Health Proposes Bed-Sharing With University of New Mexico Hospital in Place of New Facility
Albuquerque, N.M.-based Lovelace Health System announced that it has offered to enter into a bed-sharing agreement with the University of New Mexico Hospital, also in Albuquerque, as an alternative to UNMH building a new $146 million hospital.
Orange, Calif.-based St. Joseph Health and Newport Beach-based Hoag have completed an affiliation in which the two organizations will now operate as Covenant Health Network.
Hancock, Mich.-based Portage Health has signed a nonbinding letter of intent to form a joint venture with Brentwood, Tenn.-based LifePoint Hospitals.
Elbert Memorial Hospital in Elberton, Ga., has approved a management affiliation with AnMed Health, based in Anderson, S.C., and is awaiting approval from Georgia's attorney general.
The Jefferson Parish Council — which oversees East Jefferson General Hospital in Metairie, La., and West Jefferson Medical Center in Marrero, La. — has asked the state if it could lease the two hospitals, according to a Times-Picayune report.